Greatcell Rescue, page-15

Sorry for the seemingly endless delay during the Administration of GSL. I am pleased to inform that our syndicate submitted a bid on 22 Feb to resurrect GSL. Apparently it is not the only bid, but it is an excellent offer given the 'state of the nation' of Greatcell, and if accepted by the Administrator, creditors and shareholders, will in my opinion open the door to a new world for GSL. Our team comprises a significant group of business people with great experience in hi-tech business, restructuring and restarting businesses in this situation. It includes Sylvia and Gavin Tulloch with the support of Michael Graetzel.  It is our aim to give shareholders an opportunity to be involved in the future of the company. 
I will write separately in the coming days to those who have contacted me privately.
We will keep HCu members informed whenever there is an event of importance.